Letter of Allotment definition

Letter of Allotment or “LOA” shall mean the letter issued by Authority to the Successful Bidder awarding the advertisement rights in conformity with the terms and conditions set forth in the tender.
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Letter of Allotment means the letter issued by the Corporation to the successful bidder.
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Letter of Allotment means the letter issued by GIFT SEZ Ltd. to a party for allotment of Built Up Area.
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Examples of Letter of Allotment in a sentence

  • The initial credit in the account will be akin to the Letter of Allotment.

  • The Company or the RTA shall take necessary steps to credit the Depository Account of the allottee(s) with the amount of Debentures allotted.The initial credit of the Debentures in the beneficiary account of the Investor will be akin to the Letter of Allotment.

  • The Company will execute and dispatch/credit to the Depository Participant account of the Allottee, in favour of the Allottees such Letter of Allotment or refund letter along with refund amount, not later than 7 (Seven) Business Days after receipt of completed Application Form or the Date of Allotment, whichever is later.

  • The allotted Bonds at the first instance will be credited in dematerialized form on Letter of Allotment ISIN (LOA ISIN) within seven days of the Deemed Date of Allotment.In the event of the demise of the sole/ first holder of the Bond(s) or the last survivor, in case of joint holders, the Bank will recognize the executor or administrator of the deceased Bondholder or the holder of succession certificate or other legal representative as having title to the Bond(s).

  • On the Debentures being subscribed under this issue or any of the Series, the Debentures would be Allotted by such persons as are authorized by the Board from time to time by way of a Letter of Allotment.

  • The initial credit of the Debentures in the beneficiary account of the Investor will be akin to the Letter of Allotment.

  • Subject to the completion of all statutory formalities within timeframe prescribed in the relevant regulations/act/rules etc, the initial credit akin to a Letter of Allotment in the Beneficiary Account of the investor would be replaced with the number of Bonds allotted in physical form.

  • Subject to the completion of all statutory formalities within time frame prescribed in the relevant Regulations/Act/ Rules etc., the initial credit akin to a Letter of Allotment in the Beneficiary Account of the investor would be replaced with the number of Debt Securities allotted.

  • The initial credit in the account willbe akin to the Letter of Allotment.

  • Subject to the completion of all statutory formalities within time frame prescribed in the relevant regulations/ act/ rules etc, the initial credit akin to a Letter of Allotment in the Beneficiary Account of the investor would be replaced with the number of Bonds allotted.


More Definitions of Letter of Allotment

Letter of Allotment means the letter issued by CIDCO to the Successful Bidder and shall be as per terms mentioned in Clause 4.3.3.
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Related to Letter of Allotment

  • Basis of Allotment means the basis on which Equity Shares will be Allotted to successful Bidders under the Offer;

  • Letter of Award means the official notice issued by the UGVCL notifying the contractor that his bid has been accepted.

  • Letter of reprimand means a disciplinary letter that is a

  • Over-Allotment Option means the option of the Underwriters to purchase up to an additional 15 per cent of the firm units (as described in the Articles) issued in the IPO at a price equal to US$10 per unit, less underwriting discounts and commissions.

  • Letter of RFP means the letter of invitation being sent by the Procuring Entity to the Consultants.

  • Allotment or “Allotted” means, unless the context otherwise requires, the allotment of the Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares pursuant to the Offer for Sale to the successful Bidders.

  • Letter of Agreement means a written document that informally resolves a

  • Letter of Award (LOA) means the written official intimation by OMC notifying the Selected Bidder that the work has been awarded in its favour as per the terms and conditions mentioned therein;

  • Plan of Allocation means the proposed plan of allocation of the Net Settlement Fund set forth in the Notice.

  • Over-Allotment Units means the additional number of Private Units the Sponsor will be required to purchase in the event that the underwriters in the Company’s initial public offering exercise their over-allotment option, as described in the prospectus relating to the Company’s initial public offering.

  • New Warrant Agreement means that certain agreement providing for, among other things, the issuance and terms of the New Warrants issued by New Valaris Holdco as set forth in the Restructuring Term Sheet.

  • Optioned Shares means the shares of Common Stock that are issued pursuant to the exercise of the Options;

  • Over-allotment Purchase Price The Purchaser shall pay the Over-allotment Purchase Price by wire transfer of immediately available funds to the Company at least one business day prior to the Over-Allotment Closing Date in accordance with the Company’s wiring instructions. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price, the Company shall, at its option, deliver a certificate evidencing the Private Placement Warrants purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

  • Letter Agreement means that certain letter agreement between the initial Holder hereof and the Company, dated as of August 21, 2023, pursuant to which such initial Holder agreed to exercise one or more warrants to purchase shares of Common Stock and the Company agreed to issue to the initial Holder this Warrant.

  • Option means a stock option granted pursuant to the Plan.

  • Letter of Offer means any letter, commitment, arrangement or agreement between us and you in relation to the facility. We may revise, add to, vary or replace the letter of offer from time to time.

  • Rights Offering Shares means the shares of New Common Stock (including all Unsubscribed Shares purchased by the Commitment Parties pursuant to this Agreement) distributed pursuant to and in accordance with the Rights Offering Procedures.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Option Contract means a standardised contract the effect of which is that a person acquires the option—

  • Transferee Letter The meaning specified in Section 12.16.

  • Letter of Understanding means the written agreement signed by the School District and the Architectural Designer that describes, attaches, incorporates, or explains the Scope or Scope of Work, the Task Order, the Project Schedule or Work Schedule, the basis of the applicable Fee method, and other requirements for individual Projects assigned by the School District.

  • Letter of Acceptance means the letter of formal acceptance, signed by the contractor. Procuring Entity, including any annexed memoranda comprising agreements between and signed by both Parties.

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • Sub-grant Agreement means an agreement entered into, or proposed to be entered into, between the Bank and a Sub-grant Recipient;

  • Letter of Undertaking means the letter of undertaking from, amongst others, the Issuer and its Managing Directors to the Initial Purchaser, Investment Manager and the Trustee.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).